The London Borough of Barking and Dagenham and Agilisys set up BeFirst, a Local Authority Trading Company which accelerates growth in the borough.
LBBD partnered with Agilisys to provide the capacity and specialist capabilities; developing the business case, service design and working with development and regeneration specialists to implement the new entity.
By accelerating growth and regeneration, BeFirst is not just unleashing new revenue streams, it’s also strengthening LBBD’s income from traditional sources like council tax and business rates.
Today, the council is on course to achieve both its financial and growth targets. From 2021, BeFirst is forecast to generate £10m in new annual income, as well as enabling the council to meet its agreed London Plan housing targets.
Find out how the borough managed to design and implement the solution.